389 Homeplace Rd
Rustburg, VA 24588
4 bd 2 ba 2,516 sqft Built 1972 Lot 130,680 sqft single_family
Most recent sale
$350,000
Jul 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 18, 2022 | Sold | $350,000 | Public Record |
| Jul 15, 2022 | Sold | $350,000 | Lynchburg |
| May 21, 2022 | Listed | $324,900 | MLS #338378 |
| Jan 8, 2002 | Sold | $175,000 | Public Record |
| Jan 1, 2002 | Sold | $175,000 | Public Record |
| Aug 21, 2001 | Sold | $130,000 | Public Record |
| Jan 1, 2001 | Sold | $130,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $291,300 | $30,000 | $321,300 | $1,445 |
| 2024 | $291,300 | $30,000 | $321,300 | $1,445 |
| 2023 | $291,300 | $30,000 | $321,300 | $1,445 |
| 2022 | $235,900 | $24,000 | $259,900 | $1,351 |
| 2021 | $235,900 | $24,000 | $259,900 | $1,351 |
| 2020 | $235,900 | $24,000 | $259,900 | $1,351 |
| 2019 | $235,900 | $24,000 | $259,900 | $1,351 |
| 2018 | $200,900 | $29,000 | $229,900 | $1,195 |
| 2017 | $200,900 | $29,000 | $229,900 | $1,195 |
| 2016 | $200,900 | $29,000 | $229,900 | $1,195 |
| 2015 | $200,900 | $29,000 | $229,900 | $1,195 |
| 2014 | $205,200 | $29,000 | $234,200 | $1,217 |
| 2013 | $205,200 | $29,000 | $234,200 | $1,241 |
| 2010 | $205,700 | $32,000 | $237,700 | $1,093 |
| 2009 | $205,700 | $32,000 | $237,700 | $1,093 |
Property facts
Year built
1972
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,516 sqft
Lot size
130,680 sqft
ZIP code
24588
City
Rustburg
Street
Homeplace Rd
Coordinates
37.24852, -79.07115
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,774
Gross rental yield
12.94%
Implied cap rate
8.41%
Trend-extrapolated value
—
Frequently asked questions
When did 389 Homeplace Rd last sell?
389 Homeplace Rd most recently sold on Jul 18, 2022 for $350,000.
What is the current tax assessment for 389 Homeplace Rd?
The most recent total assessment for 389 Homeplace Rd (year 2025) is $321,300 with $1,445 in property tax.
How does 389 Homeplace Rd's assessment compare to its last sale price?
The current assessment is 8.2% below the last sale price of $350,000.
When was 389 Homeplace Rd built?
389 Homeplace Rd was built in 1972.
How does 389 Homeplace Rd compare to others on Homeplace Rd?
We track 8 other properties on Homeplace Rd. Browse the list under "Other properties on Homeplace Rd" to compare beds, baths, and sale history.
What are the property facts for 389 Homeplace Rd?
389 Homeplace Rd is a 4 bed, 2 bath, 2,516 sqft, 130,680 sqft lot single_family.
Is 389 Homeplace Rd a flip candidate?
No — 389 Homeplace Rd does not appear in our flips dataset.
Is 389 Homeplace Rd a tax-appeal candidate?
No — 389 Homeplace Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.1%
Implied 1-yr
+0.5%
2026 Q3
$289.3K
2026 Q4
$289.7K
ZIP 24588 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Homeplace Rd